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Filing year 2023

FRIENDS OF THE LYRIC INC

Stuart, Florida·EIN 65-0016846·NTEE A600 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$3.2M
Total assets
$6.4M
Total expenses
$3.1M
Reported officers
13
Mission

FRIENDS OF THE LYRIC WAS ESTABLISHED IN 1987 TO RESTORE AND OPERATE THE 1926 HISTORIC THEATRE BUILDING IN DOWNTOWN STUART, FLORIDA. ITS MISSION IS TO PROVIDE A HOME FOR THE PERFORMING ARTS THAT ENTERTAINS, EDUCATES, AND STIMULATES THE GROWTH OF ARTISTIC INTEGRITY AND EXPERIENCE FOR EVERYONE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Florida.

President/ceo
75th to 90th percentile
$195k
$213k
Base
$166k
Bonus
$15k
Other
Benefits
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRIENDS OF THE LYRIC INC equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
6%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $196k in 2022 to $195k in 2023.

$196k
2022
$195k
2023
In today's dollarsEst.
Down 5% in real terms$224k to $213k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 15%.

$196k in 2022 to $195k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRIENDS OF THE LYRIC INC

What does the Chief Executive Officer of FRIENDS OF THE LYRIC INC earn?

In 2023, the Chief Executive Officer of FRIENDS OF THE LYRIC INC received $195,268 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FRIENDS OF THE LYRIC INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Florida, the 2023 pay of the Chief Executive Officer at FRIENDS OF THE LYRIC INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FRIENDS OF THE LYRIC INC equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are FRIENDS OF THE LYRIC INC's revenue and expenses?

In 2023, FRIENDS OF THE LYRIC INC reported $3.2M in total revenue and $3.1M in total expenses on its IRS Form 990.

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